JPMorgan sent out a memo to its managing directors on Wednesday, requiring them to be present in the office five days a week following Memorial Day. This announcement marks the end of the work-from-home era as we know it on Wall Street. JPMorgan had embraced remote work for months prior to instituting this policy and now, it seems, that all employees must be present in the office for their work and there will be no exception for employees whose job permits working remotely.
With this new policy in the works, employees who had been making plans for long weekends and summer holidays in the Hamptons have to adjust their plans and get used to the idea of returning to the office. Not only will this policy disrupt the weekends of JPMorgan’s employees, but it is also likely that other banks will follow in their footsteps, as they continue to prioritize the role of the work environment in business, with many banks and executives such as Goldman Sachs’ David Solomon reiterating the importance of being in the office.
Kathleen Corradi, JPMorgan’s First-ever Director of Rodent Mitigation, was just welcomed in NYC. Corradi was previously an elementary school teacher and is now put in the unique spot of helping to keep potential pests at bay.
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JPMorgan is a prominent banking and financial services company based in the United States. It is the sixth largest bank in the US, with total assets of $2.86 trillion. The company provides asset management, corporate and investment banking, commercial banking, and private equity services. JPMorgan is also well-known for its philanthropy, having invested in local communities to create economic opportunity and opportunities for education access.
Kathleen Corradi is the first-ever director of rodent mitigation of New York City. Corradi was previously an elementary school teacher and has now taken on this unique role. She is now responsible for ensuring that pests remain at bay in JPMorgan’s offices, a challenging but important job.
